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20120926
20121004
Search Results 0 to 7 of about 8 (some duplicates have been removed)
dramatically since the ryan selection, since medicare, bill clinton's arguments on medicare at the convention, it became central to the discussion, there's been a big shift towards obama in that category. >> this doesn't take medicare off the table. we still have to deal with this. >> you're exactly right. medicare and medicaid are unchecked going to cripple this country. we saw erskine bowles earlier this week in chicago, tom, and i said erskine, isn't it the truth that medicare and medicaid by itself is going to consume every cent that the federal government takes in in 20 years? he said no, that's not true. he said, it's doing it right now. he said, this year alone, in the fiscal year that just ended, every dime the federal government got went to pay medicare, medicaid, social security and interest on the debt. that means everything else that on outside of medicare, medicaid, social security and interest on the debt, we borrowed from china. we borrowed from the saudis, we borrowed. we went deeper in debt. that's unsustainable. and the fact that we're not having that discussion in this camp
we've learned in this election season, by the way, it is that a few words from bill clinton can do a man a lot of good. [ laughter ] >> sort of a double-edged sword there, but nonetheless, a fun laugh line. romney went on to lay out his plan on how he would change how this country gives foreign aid. he calls it a prosperity pact and it would attach more strings to the $50 billion america gives other countries every single year. but does it add up? dan senor is one of the policy advisers and i spoke with him a short while ago. so politico called this, and you were involved with this speech and policy, one of romney's best-prepared and best-delivered speeches of the campaign. that was a win for you. >> yeah, a good day. he was talking about big ideas. he was talking about complete modernization of our foreign assistance programs, talking about the fact that while the international community gives about $120 billion a year to developing world in assistance and development assistance, the truth is, it's exponentially larger in terms much funds that trade and foreign direct investment g
the tax rates in the united states, where they were during the bill clinton administration in '90s when the economy was doing just fine. what's wrong with that argument? >> nothing. but -- you need to do -- if you are going go down that path you have do that over time. can't do that cold turkey. i mean, that's just too much of a hit for our after-tax income. particularly in the context of what is still a very weak economy. if you want to go down that path, again, i don't think we need to, between don't need to see tax rates rise that much. if you want to go down that path, only way to make logical sense of that is phase that in over time so people can digest that and wouldn't push us back into a recession. i don't think we need go down that path. we need tax revenue, we need to see additional tax revenues generated. we don't need to see that much general rayed. that would be counter-produce. >> what if they let the taxes lapse for the wealthiest americans which is what president obama wanted those families making more than $250,000 a year, individuals making more than $200,000 a year, w
Search Results 0 to 7 of about 8 (some duplicates have been removed)